Liberal Media Hype ‘Recession’ Fears Every Single Day in June and July
August 12th, 2019 5:12 PM
Even though some high-profile experts claim the U.S. is not headed for a recession right now, the liberal news media continued to promote economic pessimism during the summer of 2019.
Despite 3.7 percent (near record-low) unemployment, wage gains, confident consumers and growing economy, liberal journalists obsessed over recession every single day of June and July.
Chase CEO Credits Trump, Tells Yahoo Tax Reform Was 'Needed'
June 28th, 2019 4:38 PM
JPMorgan Chase CEO Jamie Dimon thinks President Donald Trump deserves “some” credit for the strong economy and that tax reform needed to happen, even though his “liberal New York friends would never agree.” On Yahoo Finance’s Influencers with Andy Serwer on June 27, Dimon applauded Trump’s pro-business economic agenda, especially tax cuts and deregulation.…
CBS Offers Liberal Economic 'Facts' Before Debates
June 28th, 2019 12:59 PM
CBS News online provided Democrats ammunition disguised as free advice and “facts” just ahead of their first debate. Supposedly wondering how the economy is “really doing,” CBS journalists Aimee Picchi, Alain Sherter, and Irina Ivanova glumly answered, “The first quarter of 2019 may be as good as it gets for quite a while.”
AP on Record-Low Black Jobless Rate: 'Taking Chances' on the 'Ignored'
June 3rd, 2018 7:36 AM
In his coverage of Friday morning's stellar jobs report, the Associated Press's Chris Rugaber came up with a couple of doozies aimed at curbing readers' enthusiasm. The AP economics writer half-expected that employers would rein in their hiring over confrontational rhetoric President Donald Trump and other foreign leaders have recently engaged in over trade and tariffs. He also…
CEO Dimon Upbeat on Economy, But CBS Still Hits Him from Left
April 23rd, 2018 11:12 AM
The Federal Reserve and the Conference Board both issued positive progress reports about the U.S. economy last week. Neither got a peep from the broadcast networks on those days. In fact, on April 18 and 19, the evening news broadcasts on ABC, CBS and NBC included just one economic story — and it wasn’t about either of those positive economic updates
Nets Censor 4% Economic Growth Prediction from JP Morgan CEO
January 10th, 2018 11:58 AM
The U.S. economy is booming. So much so that 4 percent economic growth is possible in 2018, according to JP Morgan CEO Jamie Dimon. To the broadcast networks, that information was far less important than a freshman football star and a dog stuck on a train.
Stocks Reach 16 Records, Nets Only Credit Trump 6 Times
December 19th, 2016 11:14 AM
As the Dow Jones Industrial Average neared the 20,000 mark for the first time in history, the index set 16 closing-day record highs since Donald Trump’s election. Even some liberal media outlets have drawn a direct connection between the soaring stock market and Trump’s election, going so far as to label it a “Trump stock market rally.” But the broadcast networks often…
Greece Heads for Default, Despite Media Predictions It Wouldn’t
May 18th, 2012 2:32 PM
Greece is the perfect example of the eventual outcome of unchecked spending – especially as it creeps closer and closer to defaulting on its massive debts, despite multiple government bailouts in May 2011. One recent BBC News headline warned: “Greece: ‘Default within the euro is possible’.”
But, looking back, some journalists predicted the opposite: that the…
CBS Brings on Elizabeth Warren to Back More Bank Regulation; Spikes Ch
May 14th, 2012 3:12 PM
On Monday's CBS This Morning, Charlie Rose and Erica Hill touted Massachusetts Democrat Elizabeth Warren's past time as "the government's chief watchdog during the 2008 bank bailout" as she was brought on to discuss JP Morgan Chase's $2 billion loss. Rose and Hill asked all of their questions from the left, and completely ommited any mention of the recent controversy…
99 Percent? Top 25 Occupy Wall Street Backers Worth Over $4 Billion
December 28th, 2011 8:27 AM
Occupy Wall Street attacks income inequality and the richest 1 percent, adopting as its slogan ''we are the 99 percent.'' In October, its protesters staged a ''millionaires march' 'in New York City, parading to the homes of wealthy citizens such as Rupert Murdoch and David Koch. But only some riches bother the Occupiers, who have ignored the massive wealth of…
J.P. Morgan Chase CEO Jamie Dimon Condemns 'Too Big to Fail,' Advocate
November 13th, 2009 2:43 PM
J.P. Morgan Chase is the second-largest U.S. bank, but its CEO spoke out on Nov. 13 to condemn the policy of bailing out banks which are "too big to fail." Jamie Dimon wrote in the Washington Post that even his bank should accept the risk of failure. "[I]f some unforeseen circumstance should put this firm at risk of collapse, I believe we should be allowed to fail," Dimon…
CNBC's Gasparino Fires Back at Bear Stearns Rumor Charges
July 9th, 2008 10:32 AM
Although the collapse of Bear Stearns happened back in March, the debate still rages as to what led to the failure of the 85-year old investment bank that had survived years of previous turmoil, including the Great Depression. After JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon appeared on PBS's "The Charlie Rose Show" July 7 and commented on an August 2008 Vanity Fair article…